2010 New York Code
WKC - Workers' Compensation
Article 6 - (76 - 100) State Insurance Fund.
86 - Catastrophe surplus and reserves for workers' compensation.

§  86. Catastrophe surplus and reserves for workers' compensation. Ten
  per centum of the premiums collected from employers insured in the  fund
  for  workers'  compensation  shall  be  set  aside for the creation of a
  surplus until such surplus shall  amount  to  the  sum  of  one  hundred
  thousand dollars, and thereafter five per centum of such premiums, until
  such  time as in the judgment of the commissioners such surplus shall be
  sufficiently large to cover the  catastrophe  hazard.    Thereafter  the
  contribution  to such surplus may be reduced or discontinued conditional
  upon  constant  maintenance  of  a  sufficient  surplus  to  cover   the
  catastrophe  hazard. Reserves shall be set up and maintained adequate to
  meet anticipated losses and carry all claims and policies  to  maturity,
  which  reserves shall be computed to reflect the present values, at five
  percent interest per annum,  of  the  determined  and  estimated  unpaid
  losses, and other requirements computed in accordance with such rules as
  shall be approved by the superintendent of insurance.